Republicans target FTC Chair Lina Khan, claiming ‘waste of taxpayer resources’
Two House Republican chairmen have accused Federal Trade Commission Chair Lina Khan of overstepping her authority and wasting taxpayer money in the process. Judiciary Committee Chairman Jim Jordan (R-Ohio) and House Energy and Commerce Committee Chairwoman Cathy McMorris Rodgers (R-Wash.) sent a letter to Mr. Khan on Thursday saying that he is based in Arizona. […]
AOC warns of ‘out and out brawl’ if Kamala Harris ditches Lina Khan as FTC chair
“Split” Rep. Alexandria Ocasio-Cortez sent a tough message to Vice President Kamala Harris on Wednesday, promising a progressive revolt if Federal Commerce Chair Lina Khan is fired. Wall Street supporters of Ms. Harris, including billionaire Mark Cuban, have called on Ms. Khan to fire her as FTC chief if she wins on Nov. 5, citing […]
CVS, UnitedHealth press for FTC Chair Khan to be removed from PBM lawsuit
UnitedHealth and CVS Caremark have asked a federal judge to block Federal Trade Commission (FTC) Chair Lina Khan and two other commissioners from the agency's lawsuit against the nation's largest pharmacy benefit manager (PBM). I'm asking for it to be taken away from. Lawyers for UnitedHealth's OptumRx and CVS Caremark say Khan, along with Commissioners […]
CVS, UnitedHealth say FTC should take Lina Khan and two commissioners off drug middlemen case – CNBC
FTC Chairman Lina Khan presents the House Appropriations Subcommittee on Financial Services and General Government entitled “Fiscal Year 2025 Requests to the Federal Trade Commission” at the Rayburn Building on Wednesday, May 15, 2024. testify at the public hearing. Tom Williams | Cq-roll Call Inc. | Getty Images CVS Health and united health group It […]
FTC antitrust case against Amazon moves forward, several state claims dismissed
The Federal Trade Commission's antitrust case against Amazon will move forward, but several states' claims against the e-commerce giant have been dismissed, according to a newly released ruling. In a decision filed privately last week, U.S. District Judge John Chun dismissed the lawsuits from Pennsylvania, New Jersey, Oklahoma and Maryland. However, Chun rejected Amazon's motion […]
Harris promised to be ‘pragmatic’ — that means dropping Lina Khan at the FTC
Biden administration's most active regulator Unless the next president approaches Federal Trade Commission Chairwoman Lina Khan for another term, the job may be needed soon. The controversial FTC chairman's term has been lengthened; Ends on September 26thIt will be up to the next president to decide whether Mr. Khan will continue to lead the antitrust […]
FTC Trust-Buster Lina Khan Defends Herself from Kamala Harris’s Donors
Federal Trade Commission Chairwoman Lina Khan, America's leading anti-monopoly advocate, is defending herself against Vice President Kamala Harris' billionaire donors who have called for her removal. During the period 60 min Interview In an interview with Lesley Stahl, Khan was asked about public and private comments from Harris' major donors on Wall Street and at […]
GOP Senate hopeful Dave McCormick stands with workers protesting Pennsylvania factory shutdown, seeks FTC investigation
CHARLELOI, Pa. – A century-old glass factory is closing, putting 300 people out of work, but Republican Dave McCormick, challenging Pennsylvania Sen. Bob Casey, wants to save it. “I'm here today in solidarity with these workers in the fight to keep these jobs,” McCormick told the assembled workers, retirees and their families on Friday. Anchor […]
FTC Chair Lina Khan defends merger and acquisition crackdown
Federal Trade Commission Chairwoman Lina Khan In an interview aired on Sunday, the minister defended the agency's role in policing mergers and acquisitions, saying companies were causing inflation. Khan was interviewed by Lesley Stahl on CBS News' “60 Minutes” at a town hall hosted by Khan and Rep. Alexandria Ocasio-Cortez (D-NY). The FTC chairman said, […]
Biden-Harris FTC Accuses Major Healthcare Companies Of Artificially Inflating Drug Prices In New Lawsuit
The Federal Trade Commission (FTC) on Friday filed lawsuits against three major prescription drug benefit managers (PBMs) and their affiliates, alleging they engaged in a scheme to artificially inflate the price of insulin drugs. The complaint targets the “Big Three” — Cigna's ESI, CVS Health's Caremark and UnitedHealth Group's Optum — and their affiliated group […]